Canada’s Finance Minister Says Money-Laundering Concerns on Radar

Canada’s Finance Minister acknowledges the country may need to pay closer attention to the way its big chartered banks police potential money-laundering activities.

“It is an issue we are very much attuned to,” Finance Minister Joe Oliver told reporters in Ottawa on Wednesday after a weekly caucus meeting. Money laundering is a hot topic when finance chiefs gather for Group of 20 meetings, which they will do next week in Istanbul. “But we are looking at it domestically as well,” said Mr. Oliver, who is scheduled to attend next week’s G-20 gathering.